Stonebridge in conjunction with RWC Western Sydney, is pleased to present ‘Simba Education St Ives (Sydney)’ for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

– Brand new 15-year net lease to 2039, plus options to 2059 with exceptional income growth via fixed 3.5% annual rental increases

– Simba Education – Rapidly expanding operator with 4+ premium centres across Metro Sydney

– Valuable 1,641 sqm* Sydney North Shore landholding improved by an outstanding 96 place centre and rare basement car parking

– Purpose built centre boasting state-of-the-art improvements and sprawling playscape, offering exceptional tax depreciation benefits

– Strategic childcare position – 17 schools within a 3km* radius and located off Mona Vale Road, major arterial servicing 46,929+ vehicles daily*

– Centrally located investment only 500m* from St Ives Shopping village, anchored by Coles, Woolworths, Harris Farm & home to 101+ speciality stores

– Irreplaceable asset in current construction environment, offering long term income growth and capital appreciation

– St Ives – Prestigious Upper North Shore suburb, with household income 69%* above the national average and a booming $3.2M median house price

– Net lease – Tenant pays all usual Outgoings^ including Management Fees, Rates, Insurance and general Repairs & Maintenance

– Outstanding lease security via Bank Guarantee equivalent to 4 month’s Rent and Outgoings + GST

– Attractive land tax free commercial investment

– Net Income $496,800 pa* + GST

‘Simba Early Education St Ives (Sydney)’ for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

^ Capped at 10% of the base rent per annum

Our Ref: National Portfolio, Childcare
Our ID: a0TOd00000VbFT3MAN

Property Code: 1524